Urgent.News

What's breaking now, across thousands of outlets.

World

US Investors Close to Buying Lukoil’s Foreign Assets, Sources Tell Reuters

A group of investors led by US billionaire Todd Boehly is allegedly close to taking over Russian oil giant Lukoil’s oil fields, refineries and gas stations outside Russia, Reuters reported on Tuesday, Nov. 3. Instead of paying with cash, a bank working for the group purportedly bought frozen Lukoil shares from Western funds at a steep discount and plans to trade them for the assets. According to…

US Investors Close to Buying Lukoil’s Foreign Assets, Sources Tell Reuters

We haven't written up this one. Kyiv Post has the full story — the link below goes straight to it.

Read the original at kyivpost.com →

More in World

More from Tuesday 3 November →